ANSYS (ANSS) Tops Q1 EPS by 5c

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ANSYS (ANSS) PT Raised to $115 at Barclays on 1Q Report; 'Macro Strength & Major Acct Focus Driving Big Deals'

May 5, 2017 12:27 PM EDT

Barclays raised its price target on ANSYS (NASDAQ: ANSS) to $115.00 (from $96.00) while maintaining a Underweight rating, following the company's first quarter earnings report.

Analyst Saket Kalia notes the company reported first quarter revenue and earnings per share above consensus projections, fueled by... More